Legrand: suspends annual targets
(CercleFinance.com) - Legrand has announced that it is suspending its 2020 targets, announced on 13 February, which, as announced, were set "excluding any major changes in the economic environment possibly linked to developments in the world health outlook.
Faced with the deteriorating global health and economic situation resulting from the rapid spread of Covid-19 in many countries, the electrical equipment group has said that it is, "working very actively to protect its profitability and free cash flow."
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